OrthoPediatrics Corp. (KIDS) financial statements (2022 and earlier)

Company profile

Business Address 2850 FRONTIER DRIVE
WARSAW, IN 46582
State of Incorp.
Fiscal Year End December 31
SIC 3841 - Surgical and Medical Instruments and Apparatus (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments53,54383,89970,77760,69142,582
Cash and cash equivalents7,64128,75870,77760,69142,582
Short-term investments45,90255,141   
Restricted cash and investments1,3651,3741,250  
Receivables17,94217,54916,5679,5015,603
Inventory, net of allowances, customer advances and progress billings57,56952,98938,000  
Inventory57,56952,98938,000  
Other undisclosed current assets3,2292,6181,46426,96421,376
Total current assets:133,648158,429128,05897,15669,561
Noncurrent Assets
Property, plant and equipment28,51527,22721,34912,76810,391
Intangible assets, net (including goodwill)142,111134,75645,1572,1812,349
Goodwill72,34970,51126,183  
Intangible assets, net (excluding goodwill)69,76264,24518,9742,1812,349
Total noncurrent assets:170,626161,98366,50614,94912,740
TOTAL ASSETS:304,274320,412194,564112,10582,301
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities14,67614,57810,8167,5238,400
Accounts payable9,32510,0386,4673,9715,495
Employee-related liabilities5,3514,5404,3493,5522,905
Debt137131124118113
Estimated litigation liability 6,342   
Other liabilities2,0401,7442,7231,576954
Other undisclosed current liabilities12,86212,233   
Total current liabilities:29,71535,02813,6639,2179,467
Noncurrent Liabilities
Long-term debt and lease obligation9071,04426,13021,15625,339
Long-term debt, excluding current maturities9071,04426,06721,15625,339
Operating lease, liability  63
Liabilities, other than long-term debt33,97436,78812,410  
Deferred revenue  12,410
Deferred income tax liabilities4,7715,755 
Other liabilities293323   
Business combination, contingent consideration, liability28,91030,710   
Other undisclosed noncurrent liabilities14,30912,784   
Total noncurrent liabilities:49,19050,61638,54021,15625,339
Total liabilities:78,90585,64452,20330,37334,806
Stockholders' equity
Stockholders' equity attributable to parent225,369234,768142,36181,73247,495
Common stock55442
Additional paid in capital394,899388,622271,182197,442150,424
Accumulated other comprehensive income (loss)8,4917,907(3)(623)135
Accumulated deficit(178,026)(161,766)(128,822)(115,091)(103,066)
Total stockholders' equity:225,369234,768142,36181,73247,495
TOTAL LIABILITIES AND EQUITY:304,274320,412194,564112,10582,301

Income statement (P&L) ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues98,04971,07872,55257,55945,620
Cost of revenue(24,646)(16,047)(17,933)(14,879)(11,170)
Cost of goods and services sold(24,646)(16,047)(17,933)(14,879)(2,127)
Gross profit:73,40355,03154,61942,68034,450
Operating expenses(91,427)(81,786)(63,696)(52,233)(40,922)
Operating loss:(18,024)(26,755)(9,077)(9,553)(6,472)
Nonoperating income (expense)636(6,912)(3,608)(2,472)(2,460)
Other nonoperating income (expense)1,08320(70)(217)30
Interest and debt expense (3,412)(3,538)(2,255)(2,490)
Other undisclosed income from continuing operations before equity method investments, income taxes 3,4123,538  
Loss from continuing operations before income taxes:(17,388)(33,667)(12,685)(14,280)(11,422)
Income tax benefit1,128723 3,0992,887
Loss from continuing operations:(16,260)(32,944)(12,685)(11,181)(8,535)
Income from discontinued operations  660  
Net loss:(16,260)(32,944)(12,025)(11,181)(8,535)
Other undisclosed net loss attributable to parent  (1,706)(844)(397)
Net loss attributable to parent:(16,260)(32,944)(13,731)(12,025)(8,932)
Preferred stock dividends and other adjustments    (20,563)
Other undisclosed net income available to common stockholders, basic    5,965
Net loss available to common stockholders, diluted:(16,260)(32,944)(13,731)(12,025)(23,530)

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net loss:(16,260)(32,944)(12,025)(11,181)(8,535)
Comprehensive loss:(16,260)(32,944)(12,025)(11,181)(8,535)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent5847,910(1,086)(1,602)(262)
Comprehensive loss, net of tax, attributable to parent:(15,676)(25,034)(13,111)(12,783)(8,797)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: